article thumbnail

Monday Morning Accounting News Brief: Consulting Pay Freezes; AI, Audit, and You; KPMG Mega Merger? | 11.6.23

Going Concern

The tax and audit practice, through affiliate BSR & Co, will be excluded from the merged entity and could be made into a separate entity, though that is still under discussion, the people said requesting anonymity. Governance Overhauls After Failed Split Ernst & Young is stepping up its U.S. will fall into the sea.

audit 107
article thumbnail

Ensuring Climate ESG Auditing Excellence: How Your Trusted Accounting Partner Makes the Difference

Withum

Now, regulations, investors and other stakeholders want companies to prove their ESG and climate information is accurate and reliable through audits and assurance. This experience puts them at the top of most companies’ list when considering a firm to perform the third-party audit of their ESG and climate reporting.

audit 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Deloitte’s Prized Playground Might Be Getting Even Larger

Going Concern

Deloitte LLP, which provides audit, tax and risk advisory services to corporations and government agencies, opened the $300 million campus located northwest of DFW International Airport on Hillwood’s Circle T Ranch in 2011. Deloitte’s expansion plan includes a 2030 sustainability plan of achieving net-zero emissions.

Texas 98
article thumbnail

Monday Morning Accounting News Brief: The Diversity-est Big 4 Firm; An EY Record; PCAOB Stream | 10.17.22

Going Concern

32 leading industry commentators, CEOs, CFOs and board members from across the world have contributed their views on the future of financial services for KPMG’s Voices on 2030: Financial Services reinvented report. In Australia, PwC has launched an energy transition team , enticing professionals away from several competitors.

Iowa 97
article thumbnail

RSM’s Global Revenue Reaches Record High of $9.4 Billion in 2023

CPA Practice

Powered by our 2030 Global Strategy—Taking Charge of Change—RSM has worked collaboratively as a global organization more than ever before to innovate and better serve clients across borders,” RSM International CEO Jean Stephens said in a statement. Global revenue for accounting and audit services rose by 13% to $3.6

audit 52
article thumbnail

Ethical Concerns in Using Tax Planning Software

CTP

And according to the same research firm, the use of AI in the accounting and tax industry will likely grow more than 50 percent by the year 2030. It’s a brave new world out there for accountants, with AI-powered software promising to make our lives easier and more efficient with everything from tax planning to audits and accounting.

article thumbnail

Technology: Spring Budget 2024 Predictions & Wishlist

Menzies

The National Audit Office recently reported that historic levels of R&D fraud are likely to be much higher than HMRC and HMT have previously calculated; it would therefore be prudent to expect further investment in dedicated HMRC resource to combat historic fraud given the material amounts at stake.